← Budgets lesson New set →

Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 803 · 40 questions
TalentJR

Business tip (Plan before you spend): One-time cost: bought once and used many times. Running cost: bought again for every batch. Money left = budget − all the costs. Total budget needed = materials for every item + one-time costs. Greatest number you can buy = money ÷ price of one, rounded down to a whole number.

NameDateTime takenScore ___ / 40
  1. 1.Nisha has a budget of ₹300. The stock costs ₹90 and the stall fee is ₹230. Is the budget enough? (a) No (b) Yes
  2. 2.Gurpreet’s stall budget is ₹440. Napkins cost ₹40, paper cups cost ₹210 and card paper cost ₹50. How many rupees of the budget are left?
  3. 3.True or false: “tea leaves and milk” is a one-time cost. (a) True (b) False
  4. 4.Tara plans to make 22 cups of lemonade. Each needs ₹3 of materials, and a banner costs ₹260 once. What total budget is needed (in ₹)?
  5. 5.True or false: “card paper” is a running cost. (a) True (b) False
  6. 6.Ananya’s stall budget is ₹530. A banner cost ₹160, paper cups cost ₹140 and lemons cost ₹40. How many rupees of the budget are left?
  7. 7.Which of these is a one-time cost? (a) card paper (b) paper cups (c) a cloth banner (d) tea leaves and milk
  8. 8.Ishaan’s stall budget is ₹290. Sugar cost ₹30, lemons cost ₹60 and ribbon cost ₹120. How many rupees of the budget are left?
  9. 9.True or false: “ice” is a one-time cost. (a) True (b) False
  10. 10.Farhan plans to make 31 cups of lemonade. Each needs ₹4 of materials, and a banner costs ₹70 once. What total budget is needed (in ₹)?
  11. 11.🔍 Which is the odd one out? (a) a cooler box (b) a cloth banner (c) a price board (d) lemons
  12. 12.Which of these is a one-time cost? (a) sugar (b) a cooler box (c) paper cups (d) tea leaves and milk
  13. 13.Zoya’s stall budget is ₹1050. Ribbon cost ₹300, lemons cost ₹290 and a banner cost ₹190. How many rupees of the budget are left?
  14. 14.📒 One-time cost or running cost: lemons? (a) a running cost (b) a one-time cost
  15. 15.Joseph’s stall budget is ₹760. Seeds cost ₹100, lemons cost ₹190 and napkins cost ₹270. How many rupees of the budget are left?
  16. 16.📒 One-time cost or running cost: a cloth banner? (a) a running cost (b) a one-time cost
  17. 17.🔍 Which is the odd one out? (a) a cooler box (b) a cash box (c) tea leaves and milk (d) a price board
  18. 18.Lakshmi has a budget of ₹300. The stock costs ₹80 and the stall fee is ₹240. Is the budget enough? (a) Yes (b) No
  19. 19.🔍 Which is the odd one out? (a) seeds and soil (b) lemons (c) a price board (d) ice
  20. 20.🔍 Which is the odd one out? (a) card paper (b) seeds and soil (c) ice (d) a cooler box
  21. 21.🔍 Which is the odd one out? (a) tea leaves and milk (b) paper cups (c) a cloth banner (d) seeds and soil
  22. 22.🔍 Which is the odd one out? (a) a juicer (b) paper cups (c) a cooler box (d) a cloth banner
  23. 23.Farhan’s stall budget is ₹710. Lemons cost ₹300, a price board cost ₹250 and pots cost ₹130. How many rupees of the budget are left?
  24. 24.Kabir has ₹360 to spend on packs of cups. One pack of cups costs ₹10. What is the greatest number of packs of cups Kabir can buy?
  25. 25.Dev has a budget of ₹400. The stock costs ₹150 and the stall fee is ₹300. Is the budget enough? (a) Yes (b) No
  26. 26.Arjun’s stall budget is ₹560. Card paper cost ₹130, lemons cost ₹140 and sugar cost ₹100. How many rupees of the budget are left?
  27. 27.Which of these is a one-time cost? (a) card paper (b) tea leaves and milk (c) lemons (d) a juicer
  28. 28.True or false: “a cash box” is a one-time cost. (a) True (b) False
  29. 29.Diya’s stall budget is ₹620. Sugar cost ₹160, lemons cost ₹60 and paper cups cost ₹210. How many rupees of the budget are left?
  30. 30.Joseph’s stall budget is ₹590. Ribbon cost ₹50, napkins cost ₹30 and lemons cost ₹290. How many rupees of the budget are left?
  31. 31.True or false: “ice” is a running cost. (a) True (b) False
  32. 32.Which of these is a one-time cost? (a) a price board (b) lemons (c) ice (d) card paper
  33. 33.Ishaan’s stall budget is ₹540. Ribbon cost ₹120, a price board cost ₹230 and paper cups cost ₹140. How many rupees of the budget are left?
  34. 34.Rohan plans to make 22 painted pebbles. Each needs ₹9 of materials, and a banner costs ₹200 once. What total budget is needed (in ₹)?
  35. 35.Diya plans to make 29 friendship bands. Each needs ₹7 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  36. 36.📒 One-time cost or running cost: a cash box? (a) a running cost (b) a one-time cost
  37. 37.🔍 Which is the odd one out? (a) a juicer (b) seeds and soil (c) a cloth banner (d) a cash box
  38. 38.Aarav has ₹440 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Aarav can buy?
  39. 39.🔍 Which is the odd one out? (a) paper cups (b) sugar (c) a juicer (d) lemons
  40. 40.True or false: “a juicer” is a running cost. (a) False (b) True

Answer key

  1. No
  2. 140
  3. False
  4. 326
  5. True
  6. 190
  7. a cloth banner
  8. 80
  9. False
  10. 194
  11. lemons
  12. a cooler box
  13. 270
  14. a running cost
  15. 200
  16. a one-time cost
  17. tea leaves and milk
  18. No
  19. a price board
  20. a cooler box
  21. a cloth banner
  22. paper cups
  23. 30
  24. 36
  25. No
  26. 190
  27. a juicer
  28. True
  29. 190
  30. 220
  31. True
  32. a price board
  33. 50
  34. 398
  35. 373
  36. a one-time cost
  37. seeds and soil
  38. 22
  39. a juicer
  40. False

Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids